Like-kind exchange of asset in AX 2012 R3

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Posted on by Naif Rasheed

Hey All,

Can everyone please explain how can we handle like-kind exchange of asset in AX 2012 R3.

Example: I have an asset acquired for $2000 and $400 have been depreciated till date. Now I am exchanging this asset with another same kind of asset and paying $500 more.

How can we handle this in AX.

Thanks,

Naif

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Ludwig Reinhard Microsoft Employee on at

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Hello Naif,

If the asset is exchanged, I would probably create a new fixed asset and shift the remaining net book value to the newly created one. This can e.g. be done with the help of the asset split functionality. The additional $500 can then be added on top by posting another acquisition or acquisition adjustment transaction.

Best regards,

Ludwig

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Naif Rasheed 37 on at

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Thanks Ludwig for your help.

Regards,

Naif

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